Head-to-head

Pharo Management vs Radix Trading

A direct, side-by-side comparison of Pharo Management and Radix Trading — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

Pharo Management is best for

traders who prefer Firm Capital Model and a London, UK-based firm.

Full Pharo Management profile →

Quick verdict

Radix Trading is best for

news traders.

Full Radix Trading profile →

Cost & compensation

Cost and compensation path

Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.

Pharo Management

Firm Capital Model

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Radix Trading

Firm Capital Model

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Decision guide

Best for your trader type

AttributePharo Management

Firm Capital Model · est. 2000

Radix Trading

Firm Capital Model · est. 2017

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split50%
Max allocationInstitutionalFirm capital
Account sizesInstitutionalFirm capital
Scaling
Payouts
FrequencyQuarterlyAnnual
First payout
Assets
FuturesNoYes
StocksNoYes
OptionsYesYes
ForexYesYes
CryptoNoNo
Trading rules
News tradingYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsInternalProprietary
Data feed
Company
HeadquartersLondon, UKChicago, USA

About Pharo Management

Emerging markets macro hedge fund trading sovereign credit, FX and rates.

Full Pharo Management profile →

About Radix Trading

Quantitative proprietary trading firm focused on developing automated trading systems across global futures and equity markets.

Full Radix Trading profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

canonical
3.2/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Frequently asked

Common questions

Which has a higher profit split — Pharo Management or Radix Trading?
Radix Trading pays 50% of trader profits once funded.
Is Pharo Management cheaper to start than Radix Trading?
Pharo Management: evaluation from —. Radix Trading: evaluation pricing varies.
Which pays out faster — Pharo Management or Radix Trading?
Pharo Management payouts: Quarterly. Radix Trading payouts: Annual. First-payout eligibility: Pharo Management — —; Radix Trading — n/a.
Can I trade news at Pharo Management or Radix Trading?
Pharo Management: policy unconfirmed. Radix Trading: permits news trading.
Can I hold positions overnight at Pharo Management or Radix Trading?
Pharo Management: allows overnight holds. Radix Trading: allows overnight holds.

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